Shown Below Is Information Relating to the Shareholders' Equity of Grant

Shown below is information relating to the shareholders' equity of Grant Corporation at December 31, 2009:
$\begin{array}{lr}\text { \( 6 \% \) non-cumulative preference share, \( \$ 100 \) par, 10,000 shares authorized,}&\$600,000\\\text { 6,000 shares issued}\\\\\text { Ordinary shares, \( \$ 3 \) par, 500,000 shares authorized, 300,000 shares issued and }&\$900,000\\\text { outstanding}\\\text { Share premium: preference share } & \$ 60,000 \\\text { Share premium: ordinary share } & \$ 1,900,000 \\\text { Retained earnings } & \$ 1,090,000\end{array}$
Dividends have been declared and paid for 2009.


-Refer to the above data. Grant's total legal capital at December 31, 2009, is:

A) $3,160,000.
B) $3,000,000.
C) $2,590,000.
D) $1,500,000.